5 bed terraced house

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5 bed terraced house

Cramphorn Walk, Chelmsford CM1
£345,000

Price History

Initial price £350,000
13/02/25 £345,000
Price Change -1.43%

Description

This 5-bedroom HMO in Chelmsford offers a fantastic investment opportunity for investors looking to expand their portfolio. The well-maintained property features 5 bedrooms, a three-piece bathroom and wc, spacious lounge, kitchen, driveway, and rear garden space. Currently, the property produces an annual gross income of £33,840, which has the potential to increase to £36,000 with new tenants. The current tenants, who have consistently paid their rent, are willing to remain in the property, making for a smooth transition. With a valuable location and rewarding rental returns, this property is a worthwhile addition to any investor's portfolio.